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Facebook Acquired GIPHY for $400 million

16May By AdityaNo Comments

ACQUISITION

Facebook Acquired GIPHY for $400 million

Social media platform Facebook had acquired the animated graphics startup GIPHY for $400 million. However, the Terms of the deal were not disclosed. GIPHY is known for its use of stickers and other products using the graphics interchange format or GIFs. Facebook would integrate Giphy's animated graphics in its social network platform Instagram. "GIPHY, a leader in visual expression and creation, is joining the Facebook company today as part of the Instagram team," Facebook said in a statement. "GIPHY makes everyday conversations more entertaining, and so we plan to further integrate their GIF library into Instagram and our other apps so that people can find just the right way to express themselves. Facebook also said in its press release that 50% of GIPHY’s traffic comes fr...

Animation Vs Whiteboard Videos: Which is the Best Explainer Video Style

Today, animation and whiteboard videos are ruling the market and are becoming heavyweights of promoting products, services, and brands. Animated videos are cartoon videos that are created in style, depicting a script that is written based on your product and services that you are looking to advertise. It also includes some amount of sense of humour and entertaining factor to attract the audience to watch it. Whiteboard videos are excellent to describe complex concepts and are quite educational to watch as it contains a lot of information about the products and services. These videos are very much catchy and engaging. When you are looking at determining which one of them are best for your company for promotions, it is quite challenging to find an answer to that question. It depend...

Amazon Prime Video to Launch Baahubali’s Animated Series

Amazon Prime Video today said it has partnered with filmmaker S S Rajamouli, Graphic India and Arka Mediaworks to launch "Baahubali: The Lost Legends", a new animated series based on blockbuster film, "Baahubali". "The animation series will allow our customers to discover hidden stories and legends from the Baahubali world," Amazon Prime Video India Director and Country Head Nitesh Kripalani said. "Baahubali: The Lost Legends" is set before the Kalakeya invasion depicted in the movie, when Baahubali and Bhallaladeva are still both young princes of Mahishmati, a release said. It said the animated series will feature new, never before revealed stories about the characters from the film, including Prince Baahubali, Bhallaladeva, Kattapa and Sivagami, as well as dozens of new characte...